Newsflash: Bitcoin on Amazon to pay, JP Morgan makes a Ripple with the Ethereum platform competition

Home News Newsflash: Bitcoin on Amazon to pay, JP Morgan makes a Ripple with the Ethereum platform competition

Of Marcel Knobloch – 23.04.2019

A new Startup has written on the Flag, to allow, with the help of the Bitcoin-Lightning network, the pay with Bitcoin on Amazon. The New York-based company, Moon explained to CoinDesk that it is rolling out a new Chrome browser extension on Wednesday to the full extent. As a result, each Wallet should be translated, for the use of Lightning is suited to an E-Commerce store can be connected (free):

[The extension] displays a QR Code, and it creates a Lightning account, you can also copy-and-paste, if you can’t use the QR-Code, for some reason, and you can pay with your favorite Lightning-Wallet.

The Lightning network is a special Protocol that the scaling of different Blockchains, the Bitcoin Blockchain, can be used. This open payment channels are generated, in which transactions are collected, without changing the Main-Chain will be charged. Only when all transactions are confirmed, will closed the Channel and in the Blockchain transfer.

JP Morgan will update on Ethereum-based payment platform

The banking giant JP Morgan has announced to the Financial Times that the company wants to implement on his Blockchain-platform “Interbank Information Network” an Update. As a result, transactions in real-time allows immediate examination of the transaction and, thus, an Instant confirmation of the payment This is a clear step in the direction of the increasing competition of Payment services, such as Ripple, Revolut TransferWise odet. The platform should be designed for domestic as well as international payments and is expected to go in the third quarter of this year, live.

Recently launched JP Morgan a Stablecoin that is similar to Tether, coupled to the value of the US dollar. The JPM Coin is for the time being, however, only for customers of the Bank internally in a pilot project available, but its area of operation sukszessive is to be extended. The by support with Ethereum developers developed Blockchain called the Quorum to be used for the JPM Coin as the basis of the transaction.

Featured Image: wsf-s | Shutterstock

You’re in the mood for more messages? Subscribe to our Newsletter and regularly receive the latest News by E-Mail!